AFF Member Stock Discussion

As anticipated, I got the full allocation on the NSR SPP. I sold them this morning and made a very nice profit. I now have another SPP pending, this time for Vicinity Centres (VCX).

Cove, it looks like you will do alright with your Atlas Arteria SPP>

Looking back to past years, it looks like the end of the financial year is SPP season!
 
Mrscove is not that impressed with so many companies hitting us up for shots of $30,000 per different shareholding. We had Aspen, United Malt and Byron Energy this week and now Kogan. We have had 15 including Reece, Webjet, Flight Centre and National Australia Bank to mention a few.
Just finished paying the May BAS.
 
Radio8tiv said:
Anyone considering the ARF SPP? Think I may on this one
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I had to look up ARF as I don't follow that one.
Over years my best property share has been UOS which is up almost 25 times from my entry price but that was years ago. I don't think I ever sold a share in UOS.
 
cove said:
Wall Street is having a very ugly day tonight as the US does not have a handle on COVID-19.
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I've been waiting for this for a while, I have to feel the market had moved way too far too fast. In my view this is going to be a long, drawn out, slow recovery and if you look at the worldwide figures we are still in the first wave and not on top of this by any means. Whereas the market seems to be expecting a quick bounce, well it least it was until yesterday/today.
 
Yeah, the impact of COVID definitely hasn't been priced in, especially in the USA. Hard to preempt where things are going.

Wanting to buy in to a couple of ETFs in the states, but better wait it out.
 
Novonix went up 8 cents yesterday on a very tough market day. I don’t have any but I am now watching NVX.
 
Kogan’s share purchase plan should be available today. We have two entitlements on KGN.
Yesterday we both listened to a webcast from Ophir. Their Ophir Global Fund is unlisted and is running well. The listed fund is OPH.
Went into the PushPay‘s broadcast AGM this morning and they are growing well. Code is PPH.
 
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I sense an air of optimism in the content of this thread atm.
The relief rally has been more positive than (almost) anyone might have imagined.
Portfolio intact but sitting on a truckload of cash , I look at the valuations, shake my head in disbelief, but manage to smile at the same time...🥴

Looking forward , however, some hard issues will enter stage left.
Earnings must be challenged and the reporting season may force some revaluations.
The overlay of a world plunging into deep , Covid driven, recession must affect our faith and bravery in terms of hold or fold.

Interesting times
 
Yesterday we were blessed at the end of the PushPay AGM which was streamed to us.
Meanwhile CCL Carnival have started selling off a few of their cruise liners and the shares slumped a bit on that news.
Am thinking about dumping some of our duds where we doubt they know the word profit.
 
The offer for Cromwell at 90 cents is quite short of CMW value.
PushPay and Kogan have kept going up probably beyond their value but we are still there.
We did get some MBLPC and they are a Perpetual capital note. Their price has moved up towards $105 From the issue price of $100.
We have two Challenger CGF entitlements but we will wait on those until close to the final day.
 
I won't be rushing into QAN shares. Have been watching Challenger shares tumbling after they got their placement away and I am wondering if the same will happen with Qantas shares.
I decided to buy some tax loss sellers Long Short LSF shares at around two thirds of their net asset backing as they might bounce later next week.
 
Sold everything (which is very modest) on Friday and put super into cash. I am usually wrong but I think things are about to get ugly in the US and as panic buying ramps up.
 
Yes the US Markets have dropped on Friday and our SPI futures are down about 90 for our Monday open. The gold price is looking good.
 

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